CEG vs TSLTF: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. TSLTF offers the higher yield at 6.47%, CEG has the higher dividend-safety score, and TSLTF looks like the better value (its fair-value estimate is 85% above its share price).
Key facts: CEG vs TSLTF
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, TransAlta Corporation (TSLTF) has the higher forward dividend yield at 6.47%, versus 0.68% for Constellation Energy Corporation (CEG).
- As of Oct 27, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and TSLTF's B (73/100).
- By SmarterDividends' count as of Oct 27, 2026, CEG has raised its dividend for 3 consecutive years and TSLTF for 0.
- As of Oct 27, 2026, CEG's fair-value estimate is 6% above its share price and TSLTF's fair-value estimate is 85% above its share price, so TSLTF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs TSLTF: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ceg-vs-tsltf
| Metric | CEG | TSLTF |
|---|---|---|
| Forward yield | 0.68% | 6.47% |
| Annual dividend | $1.71 | $1.21 |
| Payout ratio | 16% | — |
| Years of growth | 3 yr | 0 yr |
| 5-yr dividend growth | — | 5.8% |
| 5-yr total return | 428% | 9% |
| Dividend safety score | 77 (B) | 73 (B) |
| Fair value estimate | $267.26 | $34.72 |
| Upside to fair value | +6% | +85% |
| Frequency | quarterly | quarterly |
| Market cap | $89.5B | — |
| P/E ratio | 24.8 | — |
Higher yield
TSLTF
6.47%
Safer dividend
CEG
Grade B
Faster growth
TSLTF
5.8%
Better value
TSLTF
+85% upside
CEG vs TSLTF — FAQ
Is CEG or TSLTF a better dividend stock?
On the data, CEG wins more head-to-head categories (4 vs 2). TSLTF offers the higher yield (6.47%), while CEG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CEG or TSLTF?
TSLTF has the higher forward dividend yield at 6.47%, versus 0.68% for CEG.
Is CEG or TSLTF safer?
CEG has the higher dividend-safety score (77/100 vs 73/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or TSLTF better value right now?
As of Oct 27, 2026, TSLTF looks like the better value: its fair-value estimate is 85% above its share price (undervalued). For CEG, its fair-value estimate is 6% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.